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    6611 Leland Way

    Los Angeles, CA 90028
    • $3,800,000
    • STATUS: Active
    • ON SITE: 24 days
    • MLS #: 21-735212
    UPDATED: 8 min ago
    $3,800,000
    • 14
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,384
      SQFT
    • $595
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2020
    County:
    Area:

    School Ratings & Info

    Description

    611 Leland Way, a 2020 newly constructed 4-unit apartment building located in the heart of Hollywood. Situated right off of Sunset Blvd between Highland and Cahuenga, this multifamily property sits on a 6,643 SF lot and provides 6,384 of rentable SF. Offering a diverse unit mix of one (1) two bedroom / two bathrooms, one (1) three bedroom / three bathroom, and two (2) four bedrooms / three & half bathrooms, all of which offer a large and spacious floor plan with an abundance of natural light, along with wood flooring and in-unit washer and dryers. With a Walk Score of 98, the property offers tenants the convenience of being within close proximity of popular restaurants, grocery stores, and high end entertainment; furthermore, tenants are just a quick car ride away from popular tourist destinations such as the Kodak Theatre, Hollywood Walk of Fame and the World Famous Sunset strip. This building is an excellent opportunity for an investor looking to acquire a passive investment with low maintenance and high cash flow, and would also be ideal for a buyer looking to live on premises.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-14T23:42:38.517. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.markwiseproperties.com/homes/117487776
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    6611 Leland Way Los Angeles, CA 90028

    • Price: $3,800,000
    • Status: Active
    • Updated: 8 min ago
    • MLS #: 21-735212
    14
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    6,384
    SQFT
    $595
    $/SQFT
    2020
    Built
    Neighborhood:
    Hollywood
    County:
    Los Angeles
    Area:
    Hollywood
    Property Description
    611 Leland Way, a 2020 newly constructed 4-unit apartment building located in the heart of Hollywood. Situated right off of Sunset Blvd between Highland and Cahuenga, this multifamily property sits on a 6,643 SF lot and provides 6,384 of rentable SF. Offering a diverse unit mix of one (1) two bedroom / two bathrooms, one (1) three bedroom / three bathroom, and two (2) four bedrooms / three & half bathrooms, all of which offer a large and spacious floor plan with an abundance of natural light, along with wood flooring and in-unit washer and dryers. With a Walk Score of 98, the property offers tenants the convenience of being within close proximity of popular restaurants, grocery stores, and high end entertainment; furthermore, tenants are just a quick car ride away from popular tourist destinations such as the Kodak Theatre, Hollywood Walk of Fame and the World Famous Sunset strip. This building is an excellent opportunity for an investor looking to acquire a passive investment with low maintenance and high cash flow, and would also be ideal for a buyer looking to live on premises.
    Exterior Features

    Levels Multi/Split Lot Size Area 6643 Other Structures None Parking Garage None Total Parking 8

    Interior Features

    Baths Total 12.00 Cooling Air Conditioning Equipment DryerWasher Heating Central Laundry In Unit

    Property Features

    Assessed Total Value 2341898 Gross Income 240000 Gross Operating Income 232800 Like Units1 1 Like Units2 2 Like Units3 3 Like Units4 4 Net Operating Income 172629.00 Number Of Buildings 2 Number Of Units 4 Property Condition New Construction Sale Type Standard Security Features GatedOther Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 60171 Type Of Units Apartments Water Heaters YN Yes Year Built Source Assessor Zoning Lard1.5

    Listing provided courtesy of Saadia 'Sam' Liberow DRE#01933858 of Marcus & Millichap.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-14T23:42:38.517. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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